A given future value of money would have a smaller present value if
A) the interest rate used in discounting is higher.
B) the length of time over which it is "discounted" is shorter.
C) the interest rate is zero.
D) there is no compounding of interest.
Correct Answer:
Verified
Q209: Q210: The real rate of interest is the Q211: If the interest rate is 15 percent, Q212: If the interest rate is 5 percent, Q213: If the interest rate is 10 percent, Q215: Changes in the equilibrium interest rate will Q216: Which expression is used to calculate the Q217: The real interest rate can be estimated Q218: The equilibrium interest rate Q219:
A)affect
A)affects both the size
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents